Vasa Denticity (NSE:DENTALKART) Gross Margin % : 24.60% (As of Sep. 2023)

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What is Vasa Denticity Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vasa Denticity's Gross Profit for the six months ended in Sep. 2023 was ₹188.9 Mil. Vasa Denticity's Revenue for the six months ended in Sep. 2023 was ₹768.2 Mil. Therefore, Vasa Denticity's Gross Margin % for the quarter that ended in Sep. 2023 was 24.60%.

The historical rank and industry rank for Vasa Denticity's Gross Margin % or its related term are showing as below:

NSE:DENTALKART' s Gross Margin % Range Over the Past 10 Years
Min: 15.74 Med: 20.15 Max: 24.99
Current: 24.6

During the past 3 years, the highest Gross Margin % of Vasa Denticity was 24.99%. The lowest was 15.74%. And the median was 20.15%.

NSE:DENTALKART's Gross Margin % is ranked better than
67.71% of 96 companies
in the Medical Distribution industry
Industry Median: 16.22 vs NSE:DENTALKART: 24.60

Vasa Denticity had a gross margin of 24.60% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vasa Denticity was 0.00% per year.

Vasa Denticity Gross Margin % Historical Data

The historical data trend for Vasa Denticity's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vasa Denticity Gross Margin % Chart

Vasa Denticity Annual Data

Trend

Mar20

Mar21

Mar22

Gross Margin %

20.15

15.74

24.99

Vasa Denticity Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Gross Margin %	-	-	-	24.60

Competitive Comparison of Vasa Denticity's Gross Margin %

For the Medical Distribution subindustry, Vasa Denticity's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vasa Denticity's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vasa Denticity's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vasa Denticity's Gross Margin % falls into.

Vasa Denticity Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Vasa Denticity's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )	=	Gross Profit (A: Mar. 2022 )	/	Revenue (A: Mar. 2022 )
	=	192.2	/	769.205
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(769.205 - 577.007)	/	769.205
	=	24.99 %

Vasa Denticity's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	188.9	/	768.196
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(768.196 - 579.249)	/	768.196
	=	24.60 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Vasa Denticity (NSE:DENTALKART) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Vasa Denticity had a gross margin of 24.60% for the quarter that ended in Sep. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Vasa Denticity Gross Margin % Related Terms

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Vasa Denticity (NSE:DENTALKART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Vasa Denticity Ltd (NSE:DENTALKART) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Village, P.O. Chattarpur, Khasra No. 714, South Delhi, Delhi, IND, 110074

Website

https://www.dentalkart.com

Vasa Denticity Ltd is engaged in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through our online portal Dentalkart.com. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.

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